Signify appoints Zeljko Kosanovic as CFO, continues progress towards 2025 sustainability goals.

Signify, a leading global lighting company, appointed Zeljko Kosanovic as Chief Financial Officer, effective October 25, 2024. The company reported third-quarter 2024 sales of €1.5 billion, with a 10.5% operational profitability and free cash flow of €119 million. Despite a nominal sales decline of 6.8%, LED products comprised 90% of sales. Signify is on track with its sustainability goals under the "Brighter Lives, Better World 2025" initiative.

October 25, 2024
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